Net worth
Owniko computes net worth from your records: account balances plus asset values, minus everything owed. One number, and the trend behind it.
Key takeaways
- Net worth in Owniko is computed, not typed in: assets minus liabilities from your recorded balances and values.
- It only reflects what you have recorded; a missing loan or property skews it.
- Watch the trend across quarters, not the daily wobble.
Net worth is assets minus liabilities, and Owniko's Net Worth view is that formula applied continuously to your records: cash and investment balances, plus the values on properties, autos, and valuables, minus loans and card balances.
Completeness beats precision
A computed net worth is only as honest as the record set behind it. The common distortions are omissions: a student loan never added (net worth reads too high), a home tracked but its mortgage forgotten (much too high), or the reverse. When the number surprises you, audit for missing records before doubting the math. Rough values on complete records beat precise values on partial ones.
Reading the chart
The trend line is the product. Quarter over quarter, it summarizes everything at once: saving, debt paydown, and the market's opinion of what you own. Short-term dips that trace to investment prices are weather; a slow slide that traces to growing card balances is the signal the chart exists to surface. For the fuller concept, including a worked example, see the education article on net worth.
Where you’ll see it
Net Worth lives under Analyze, drawing from Accounts and the Assets records. The maintenance it asks for is light: keep transactions current, and refresh slow asset values a couple of times a year.